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Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
 6 Months Ended
Jun. 30, 2023
Earnings Per Share [Abstract]  
Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders Earnings Per Share Attributable to Federated Hermes, Inc. Shareholders
The following table sets forth the computation of basic and diluted earnings per share using the two-class method for amounts attributable to Federated Hermes:
 Three Months EndedSix Months Ended
June 30,June 30,
(in thousands, except per share data)2023202220232022
Numerator
Net Income Attributable to Federated Hermes, Inc.$72,175 $57,657 $141,776 $113,520 
Less: Total Net Income Available to Participating Unvested Restricted Shareholders1
(3,471)(3,097)(6,982)(5,527)
Total Net Income Attributable to Federated Hermes Common Stock - Basic and Diluted$68,704 $54,560 $134,794 $107,993 
Denominator
Basic Weighted-Average Federated Hermes Common Stock2
84,930 85,563 84,902 86,911 
Dilutive Impact from Non-forfeitable Restricted Stock9 0 5 0 
Diluted Weighted-Average Federated Hermes Common Stock2
84,939 85,563 84,907 86,911 
Earnings Per Share
Net Income Attributable to Federated Hermes Common Stock - Basic and Diluted2
$0.81 $0.64 $1.59 $1.24 
1    Includes dividends paid on unvested restricted Federated Hermes Class B common stock and their proportionate share of undistributed earnings attributable to Federated Hermes shareholders.
2    Federated Hermes common stock excludes unvested restricted stock which are deemed participating securities in accordance with the two-class method of computing earnings per share, except for circumstances where shares vest upon retirement and the employee has reached retirement age.